The likelihood of a US Federal Reserve rate hike rises to 90% following August inflation data showing elevated prices. Oil prices exceeding $100 a barrel and higher tariffs contribute to ongoing inflation, complicating economic predictions amid calls for lower interest rates from President Trump.
The likelihood of a US Federal Reserve rate hike rises to 90% following August inflation data showing elevated prices. Oil prices exceeding $100 a barrel and higher tariffs contribute to ongoing inflation, complicating economic predictions amid calls for lower interest rates from President Trump.
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